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Markets

Kenyan shilling steady, helped by tight liquidity

At 0958 GMT, commercial banks quoted the shilling at 106.75/95 per dollar, compared with 106.70/90 at Wednesday's c
21 May 2020
  • At 0958 GMT, commercial banks quoted the shilling at 106.75/95 per dollar, compared with 106.70/90 at Wednesday's close.

NAIROBI: The Kenyan shilling held steady on Thursday with tight liquidity in the local money market helping counter dollar demand from merchandise importers, traders said.

At 0958 GMT, commercial banks quoted the shilling at 106.75/95 per dollar, compared with 106.70/90 at Wednesday's close.